Denka Co (FRA:DIK) Receivables Turnover: 1.06 (As of Mar. 2026)


FRA:DIK Denka Co Ltd FRA:DIK
65 GF Score
Price €20.80
GF Value €12.53
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Denka Co Receivables Turnover?

Denka Co FRA:DIK +0.97% 65 Receivables Turnover is 1.06 as of Mar. 2026. GuruFocus rates FRA:DIK with a GF Score™ of 65/100 and a GF Value™ of €12.53 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,576 Chemicals companies, Denka Co ranks worse than 70.94% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Denka Co's Revenue for the three months ended in Mar. 2026 was €510 Mil. Denka Co's average Accounts Receivable for the three months ended in Mar. 2026 was €482 Mil. Hence, Denka Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.06.


Denka Co  (FRA:DIK) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Denka Co Receivables Turnover Related Terms


Denka Co Receivables Turnover Historical Data

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The historical data trend for Denka Co's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Denka Co Receivables Turnover Chart

Denka Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.95 3.90 3.74 4.36 4.08

Denka Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.06 1.06 1.14 1.03 1.06

FRA:DIK vs DOW: Receivables Turnover Comparison

For the Chemicals subindustry, Denka Co's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Denka Co Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Denka Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Denka Co's Receivables Turnover falls into.


FRA:DIK
65GF Score
Denka Co Ltd FRA:DIK
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Denka Co Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Denka Co's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=2094.58 / ((546.315 + 481.329) / 2 )
=2094.58 / 513.822
=4.08

Denka Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=509.533 / ((482.198 + 481.329) / 2 )
=509.533 / 481.7635
=1.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.06 mean?
Denka Co (FRA:DIK) has a Receivables Turnover of 1.06 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Denka Co and its competitors. According to the industry distribution chart, Denka Co ranks #1118 out of 1576 companies in the Chemicals industry, placing it in the top 70.9%.
Is Denka Co's Receivables Turnover too high?
Denka Co's current Receivables Turnover is 1.06. The Chemicals industry median Receivables Turnover is 5.57. Denka Co's value of 1.06 is 81% below this industry median. Based on the distribution chart, Denka Co ranks #1118 out of 1576 companies in the Chemicals industry, which is below the industry midpoint. Overall, Denka Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denka Co's Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, Denka Co ranks #1118 out of 1576 companies for Receivables Turnover. This places Denka Co in the lower half of its industry. The industry median Receivables Turnover is 5.57. Denka Co's value of 1.06 is 81% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.57, based on 1,576 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Denka Co's current Receivables Turnover of 1.06 is 81% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Denka Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Denka Co's current Receivables Turnover is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denka Co stock overvalued right now?
Based on GuruFocus' analysis, Denka Co (FRA:DIK) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.53, compared to a current price of €20.80 — trading 66% above its estimated fair value. The current Receivables Turnover is 1.06 and 81% below the Chemicals industry median of 5.57. Denka Co's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Denka Co (FRA:DIK), the current Receivables Turnover is 1.06 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Denka Co (FRA:DIK) Overvalued in 2026?

Based on GuruFocus' analysis, Denka Co stock appears to be overvalued. The current stock price of €20.80 is trading 66% above its estimated GF Value™ of €12.53. GuruFocus considers Denka Co to be Significantly Overvalued.

Key valuation signals for FRA:DIK:

  • Receivables Turnover: 1.06
  • GF Value™: €12.53 vs. price of €20.80 (66% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 81% below the Chemicals median (#1118 of 1576)

No single metric tells the full story. See the FRA:DIK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Denka Co Business Description

Other Exchanges 4061:JapanDIK:Germany
Address Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi, 2-Chome Chuo-ku, Tokyo, JPN, 103-8338
Denka Co Ltd manufactures and sells chemicals, plastics, and chemical-based products. The firm organizes itself into four segments based on product type. The elastomers and performance plastics segment, which generates more revenue than any other segment, sells rubber products used by the automotive industry and plastics used to manufacture electronics including televisions. The infrastructure and social solutions segment sells cement and fertilizer to the construction and building industries. The electronics and innovative products segment sells film, and resins used by the electronics industry. The life science and environment products segment sells housing materials including rain gutters, plastic food packaging materials, and industrial materials including electrical tape.
65GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€20.80
Price
€12.53
GF Value